The bottom line How to value a business partner’s ownership share for insurance funding? Start with the buy-sell agreement’s stated formula, then update the business and ownership figures with current records and, when needed, an independent appraisal. Set the policy death benefit to the agreed purchase obligation, but have tax and legal advisers confirm the … Read more

The bottom line Compare trust-owned and company-owned policies for business succession by separating three questions: who controls the policy, where the proceeds go at death, and how the buy-sell agreement uses them. Trust ownership can support estate planning, while company ownership can make funding more direct. Neither structure works without coordinated legal, tax, and insurance … Read more